Regions
MARKET SNAPSHOT: Consistency Remains Milwaukee’s Greatest Strength
Milwaukee–A modest pricing correction of single-family home has maintained renter demand in Milwaukee, according to the most recent report by Marcus & Millichap.
Historic Chicago Redevelopment Becomes Green Apartments
Chicago–An apartment property that combines historic renovation with green building features is now leasing on the West Side of Chicago, and developers say the combination is helping to attract tenants.
DEAL OF THE DAY: Cushman & Wakefield Facilitates Loan Transaction in Las Vegas
Las Vegas–Cushman & Wakefield multifamily specialists Ed Rosen, John Chu and Alejandro Lombrozo have facilitated the sale of the loan on Carefree Willows, a senior living apartment community.
DEAL OF THE DAY: HFF Arranges 4.66% Acquisition Loan for Purchase of Property Foreclosed by Freddie Mac
Jacksonville, Fla.–HFF has secured financing for Waterford at Mandarin, a 432-unit multi-housing community in Jacksonville.
Value Cos. Upgrades, Leases Up North NJ Apartment Complex
Bergen County, NJ–Dorchester Manor, an apartment complex in New Milford, NJ, is nearing a complete lease-up of its 200 apartments.
DEAL OF THE DAY: Marcus & Millichap Brokers $52.3M Sale of Apt. Property in Bay Area
Burlingame, Calif.–Marcus & Millichap has brokered the $52.3 million sale of Skyline Terrace, a 138-unit, 174,371-square foot multifamily property in Burlingame, a suburb of San Francisco.
Manhattanites Flock to Yorkville’s Family-Friendly Condos
New York, N.Y.–Yorkville is in the midst of change, with new luxury residential developments spearheading its evolution into a community tailored to family life.
DEAL OF THE DAY: E&G Group Awarded LIHTC Project by Washington, D.C. Housing Department
Washington, D.C.–E&G Group, LLC and its principals have completed the purchase of five properties in Washington, D.C. from five limited equity cooperatives.
Home Properties Buys Two Maryland Apartment Complexes
Howard County, Md.–Home Properties Inc. has acquired two apartment properties in Howard County, Md., totaling more than 1,000 units all together.
NY Condo, Co-Op Owners Face Escalating Charges in 2011
New York–A new report by Cooper Square Realty Inc. contains some unpleasant news for condo-unit owners and co-op shareholders in the city.